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According to Bloomberg, ByteDance plans to launch an AI assistant similar to Meta Muse in the coming weeks to expand its advantages in the AI video generation field and narrow the gap with leading laboratories in the United States. Co-founder Zhang Yiming recently introduced the related plans at an all-hands meeting of the AI team, aiming to reach a competitive capability at the highest level with companies like Anthropic and OpenAI by 2029 or 2030.Zhang Yiming listed data as a top priority, stating that the training dataset used by the Seed language model is significantly smaller than that of internationally leading competitors. The new assistant will complement the Seedance video generation model series, with related plans including a maximum expenditure of $70 billion. The Seed team consists of about 1,000 researchers and engineers, led by Wu Yonghui, who joined from Google DeepMind in 2025; the team established an independent safety and alignment department in October, hiring about 10 experts.

Phoenix Technology reported on November 9, Beijing time, citing MacRumors, that compared to the traditional version of Siri, Apple's revamped Siri AI has significantly improved in terms of intelligence and personalization capabilities, but it still falls short of proactive, always-on agents like OpenAI's Dots and Meta's Muse. Bloomberg reporter Mark Gurman stated on Sunday that he learned Apple may enable Siri's features to resemble an intelligent agent as early as next year.Gurman mentioned that Dots, Muse, and Grok can continuously track targets, determine what to do next, and continue to advance established tasks without users needing to issue commands one by one. He stated that he was informed Apple ultimately hopes to develop in this direction and believes that Apple may enable Siri to become more like an intelligent agent as early as next year. Gurman also noted that in a closed-door meeting in recent weeks, Apple CEO John Ternus told software engineering chief Craig Federighi that Apple needs to accelerate the pace of its software roadmap and quickly move beyond merely making necessary improvements to Siri.

According to Jinshi Data, during a telephone interview with CNN on Sunday local time, U.S. President Trump stated that as long as progress is made in negotiations regarding the Iranian nuclear issue and the reopening of the Strait of Hormuz, it is "extremely unlikely" that the U.S. will take military action against Iran again. He reiterated this judgment five times during the approximately 20-minute interview and stated that whether to take military action depends on whether Iran signs a very tough agreement.Trump also mentioned that the U.S. military is prepared for action. He stated that there are three aircraft carriers on standby in the Middle East, one of which has just arrived, and all are in a state of readiness. He also disclosed that power plants and 38 bridges have been listed as potential strike targets, stating that these bridges could be destroyed in about an hour, but he prefers to avoid destroying related infrastructure.Trump further stated that Iran's air defense equipment has been destroyed, and currently, only about 10% of its missile production capacity and about 15% of its drone production capacity remain. He also mentioned that Iran's inflation rate has reached 301% this year and stated that reaching an agreement remains a priority option, suggesting that further military action is most likely unnecessary.

Galaxy Research Director Alex Thorn stated that after the Democratic Party won both houses of the U.S. Congress, significant progress in key digital asset legislation is still expected to be difficult, and the leadership of congressional committees will also change. He mentioned that Elizabeth Warren may become the chair of the Senate Banking Committee, while Maxine Waters is expected to regain control of the House Financial Services Committee.Several Republican lawmakers who support the crypto industry were defeated, but the pro-crypto camp did not suffer a complete loss. According to Stand With Crypto, 19 pro-crypto senators and 226 pro-crypto representatives have been elected. Tracking by Molly White shows that in 12 highly competitive elections, the side supported by crypto and AI political action committees lost 9, but won all in the safer 40 elections.Reports indicate that House Democrats are discussing expanding Waters' previously proposed "Crypto Investor Consumer Rights Act" into a broader crypto market structure bill. Thorn reiterated that no substantial progress is expected in Congress on key digital asset legislation. In the absence of legislation, the SEC, CFTC, and banking regulators have clarified crypto rules within their existing statutory authority, and the Trump administration still has two years to continue advancing related work.

Binance founder CZ used a "CZ meme" on social media in response to another meme "An arrow to the knee," implying "I didn't expect it to drop this much" or "I didn't expect the meme to be used here."The "An arrow to the knee" meme originates from the NPC line in the game "The Elder Scrolls V," "I used to be an adventurer like you, then I took an arrow in the knee." After the game became popular, this meme spread widely and evolved into a template for expressing a change in expectations due to an unexpected event. Musk is a fan of "The Elder Scrolls V" and has publicly expressed his love for the game multiple times.

According to CoinDesk, after the Democratic Party won the U.S. midterm elections and will control both houses of Congress, Grayscale's research director Zach Pandl stated that the foundation for the development of the cryptocurrency industry is stronger than the efforts of the previous Congress. The industry has characteristics of bipartisanship, globalization, and institutionalization, and will not stagnate due to election results.Grayscale previously estimated that 80% to 85% of global cryptocurrency activity occurs outside the United States; however, this data is only indicative, and some metrics cover all of North America. BlackRock's digital assets head Robert Mitchnick stated before the election results were announced that the election would have "little impact" on their product issuance and capital inflows, as Bitcoin and Ethereum already possess most of the regulatory clarity required for investment products.

According to monitoring by Arkham, the Mercado Bitcoin hacker is swapping PENDLE for ETH through CowSwap and 1inch. In the past hour, this address has transferred over 760,000 PENDLE, worth approximately 1.3 million USD.As of now, the CowSwap and 1inch platforms have seemingly not taken effective measures to stop the related hacking activities, raising concerns in the community about DeFi protocols being used to handle and transfer stolen funds.

Yushu Technology founder Wang Xingxing stated at the 2026 World Internet Conference Wuzhen Summit Internet Entrepreneur Forum that next year (2027) is likely to be a critical point for the robotics industry or robotic models.Wang Xingxing pointed out that embodied intelligence is very close to the "ChatGPT moment," but the alignment issue of the "last few millimeters" in the physical world still needs 1 to 3 years to break through. If this subtle operational alignment challenge is resolved, next year is expected to witness an explosive deployment of generalized embodied intelligence.

According to official news, Gate Social has officially launched the "2026 Year-End Community Gala," which will open for annual selection registration from November 3, 10:00 to November 10, 23:59 (UTC+8). This gala features two main categories: "2026 Broadcaster of the Year" and "2026 Creator of the Year," with both categories having Chinese and global divisions. Participants can choose to register for one of the categories, and after preliminary selection, they will enter the official evaluation phase, which will take place from November 16, 08:00 to November 28, 23:59 (UTC+8).Each category and division will select a TOP 20. The champion of the Chinese division will receive a DJI Osmo Pocket 4, the 2nd and 3rd places will receive AirPods Pro 3, the 4th to 6th places will receive the Honor Selected Firefly AI Projector Air, and other listed participants will also receive corresponding physical rewards. All TOP 20 will enjoy an annual honor trophy and a VIP 5 exclusive badge.In addition, users can earn support points by watching live broadcasts, posting comments, and sharing interactions to vote for their favorite broadcasters and creators. The TOP 100 on the fan support leaderboard will receive exclusive rewards, and for every 100 support points successfully sent, there will be a chance to enter a lucky draw for prizes such as MacBook Neo prize fragments, GT, popular tokens, and position experience vouchers, among other gifts.

On October 31, Kyle Harrison, a general partner at the venture capital firm Contrary, stated that venture capital is experiencing a McDonaldization, where efficiency, measurability, predictability, and control lead to outcomes that are not intended by all parties. He believes the symptoms are scale combined with consensus, and the industry has split into different forms that share the same name. Harrison previously worked at Index Ventures, Coatue, and TCV, and founded the research platform Contrary Research. The article was published on the same day in his column.He cited PitchBook data indicating that in the first three quarters of 2026, a16z has raised $23.8 billion, accounting for over 20% of U.S. venture capital fundraising during the same period. During this time, U.S. venture capital funds raised a total of $108.5 billion, which is about 39% higher than the total for 2025. The number of first-time funds decreased from 479 in 2022 to 195 in 2025, with 81 so far this year; funds in their fourth round and beyond accounted for 88.2% of all fundraising, the highest share recorded by PitchBook.Harrison also wrote that the proportion of U.S. venture capital funding attributed to artificial intelligence rose from 39% in 2023 to 51% in 2024, 65% in 2025, and 82.7% so far in 2026. In the first quarter of this year, five companies—OpenAI, Anthropic, xAI, Waymo, and Databricks—captured 73.2% of U.S. deal value. Since 2023, non-AI venture capital in the U.S. has roughly maintained an annual range of $100 billion to $120 billion. He stated that once fund size dominates decision-making, every deal must fit the fund's scale.

According to a Reuters report citing an interview with CNBC, Michael Selig, the chairman of the Commodity Futures Trading Commission (CFTC), stated that the CFTC hopes to provide a federal-level option for exchanges like Binance to register with the CFTC in light of the recent hacking incident.Selig previously mentioned that federal registration is a voluntary path for exchanges rather than a mandatory requirement, and that requiring all cryptocurrency exchanges to register can only be achieved through congressional legislation; however, retail cryptocurrency trading involving margin, leverage, or financing must fall under federal regulation.The CFTC issued a notice of proposed rulemaking regarding relevant retail cryptocurrency trading rules on October 5, with the comment period ending on December 14.

According to CoinDesk, analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—believe that despite Binance experiencing a hack of approximately $6.3 billion, there are currently no sufficient signs indicating that this event will threaten the entire cryptocurrency market, and the previous trend of market recovery is unlikely to be interrupted.Cantor Fitzgerald analyst Ramsey El-Assal pointed out that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen about $800 million, Ripple has frozen about $200 million, and Binance claims that the total amount of frozen stolen funds is approximately $3 billion. He believes that the cryptocurrency industry is gradually enhancing its ability to respond to such security incidents and expects that after market panic subsides, cryptocurrency-related stocks like Coinbase, Robinhood, and Strategy are likely to rebound, advising investors to buy on dips.TD Cowen analyst Lance Vitanza believes that this attack exposes security weaknesses in Binance's own transaction signature infrastructure, rather than issues with the underlying technology of cryptocurrencies like Bitcoin. The market sell-off may provide an opportunity to increase holdings in Bitcoin and stocks of publicly traded companies that hold Bitcoin.Compass Point analysts believe that Binance has sufficient liquidity to cover the funding gap, expecting that its excess USDT reserves, BTC reserves, and USDC funds are enough to cover the losses. However, the firm also warns that Binance's compensation to customers may put pressure on the supply of stablecoins and could drive users to shift from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid.

As concerns about the sustainability of heavy investments in AI by tech giants grow in the market, the four major tech companies—Meta, Microsoft, Alphabet, and Amazon—updated their capital expenditure expectations for 2026 in the third fiscal quarter, showing a divergence in overall expansion pace. Based on current data, the combined capital expenditure cap for the four companies in 2026 is expected to exceed $74 billion, a significant increase from the actual total capital expenditure of $45.58 billion in 2025.Specifically, Meta has further raised the lower end of its full-year spending guidance, with the third-quarter expectation set at $135 billion to $145 billion, higher than the mid-year expectation of $130 billion to $145 billion. Microsoft has lowered its third-quarter expectation to $170 billion, down from the mid-year expectation of $175 billion, but official comments state that the change in figures is due to accounting adjustments, and the actual AI infrastructure investment plan remains unchanged from the beginning of the year. The capital expenditure expectations for Alphabet and Amazon remain unchanged, at $195 billion to $205 billion and $220 billion, respectively.

According to Bloomberg, Bobby Lee, the founder of the cryptocurrency storage company Ballet, stated that the Bitcoin stolen from Binance during the hack is likely irretrievable. "Those Bitcoins are gone for good, all the stolen Bitcoins have fallen into the hands of the hackers."

The cryptocurrency trader Bonk Guy (X account Unipcs) stated that the recent hacking incident at Binance is unlikely to trigger systemic risk. He mentioned that Binance reportedly has an annual revenue of about 16 to 17 billion dollars, and nearly half of the funds involved in this incident have been frozen or may be recoverable. The amount that may ultimately be unrecoverable is about 3.2 billion dollars, which is equivalent to about 2 to 2.5 months of Binance's revenue, still within a manageable range for its operational scale.Bonk Guy pointed out that Changpeng Zhao and He Yi have publicly stated that user funds are safe, and all losses will be fully covered. He believes that the likelihood of systemic risk and a bank run occurring is extremely low. What the market needs to be more vigilant about is panic selling and media exaggeration, and he reminded investors not to make trading decisions based on panic emotions.

The market pricing indicates a 90% probability that the Federal Reserve will keep interest rates unchanged. Analysts at Monex Europe stated that the reaction in the foreign exchange market will depend on the tone of the Federal Reserve's statement. The Federal Reserve may retain the possibility of a rate hike in December but will not provide formal guidance.

Elon Musk announced a new feature, which allows users to transfer $1 to others via X Money by long-pressing the "like" button.

The U.S. Department of the Treasury has released proposed rules for the implementation of the COINS Act, planning to further expand restrictions on foreign investments in sensitive technology sectors concerning certain "countries of concern." The current system primarily covers entities related to China, and the proposed rules aim to tighten restrictions in areas such as AI and semiconductors, extending the regulatory framework to more sensitive technologies and countries.In the field of AI, some investments that can still be made under the current rules after declaration are proposed to be further prohibited; in the semiconductor sector, high-bandwidth memory, photonic chips, and radiation-resistant chips are also included in the scope of stricter restrictions. Meanwhile, biotechnology has been added as a key regulatory area, involving directions such as brain-computer interfaces and automated laboratory software.